Greek PM requests discussion on global economic situation at EU Summit

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Greek PM requests discussion on global economic situation at EU Summit

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Greek PM requests discussion on global economic situation at EU Summit

ATHENS, June 3 (Xinhua) -- Greek Prime Minister Costas Karamanlis addressed a letter to European Commission President Jose Manuel Barroso on Tuesday, requesting the inclusion of the current international economic situation in the agenda of an upcoming Summit on June 19-20 in Brussels. Karamanlis called for further improvement in the level of competition and efficiency in the European Union's markets canada goose jackets canada, along with targeted social benefits to sensitive segments of the population and improved global coordination with the Union's trade partners to combat the root causes behind the rise in international inflation pressures. According to Athens News Agency Canada Goose Gloves, Greek premier recommends a more effective pan-European policy to deal with the repercussions of rising prices on European citizens in particular. "The international economy is facing a series of major and extended crises related to the price of oil canada goose down, basic goods and foodstuffs. According to IMF estimates Canada goose parkas, real international prices for foodstuffs have increased by 47.3 percent during the past two years. The increase in prices for minerals and oil has reached 39.7 percent and 46.8 percent canada goose down jacket, respectively. These external repercussions are common for all our economies and threaten the stability of prices, growth and progress in the sectors of employment and social cohesion canada goose jacket," Karamanlis' letter states. The Greek prime minister also emphasized that spiraling prices disproportionately harm lower-income levels of society, while European leaders must focus on what measures they will take to relieve the negative consequences from the current crisis.

Phyllis2 21.11.2011 0 474

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